{"id":133637,"date":"2017-08-08T12:24:04","date_gmt":"2017-08-08T12:24:04","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=133637"},"modified":"2017-08-08T12:24:04","modified_gmt":"2017-08-08T12:24:04","slug":"astral-poly-technik-delivers-volume-growth-of-1-for-q1-201718","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/astral-poly-technik-delivers-volume-growth-of-1-for-q1-201718_133637.html","title":{"rendered":"Astral Poly Technik delivers volume growth of 1% for Q1 2017-18"},"content":{"rendered":"
Astral Poly Technik Limited, pioneer in manufacturing of CPVC pipes & fittings announced the financial results for the Quarter ended on June 30, 2017.<\/div>\n

Ahmedabad, Gujarat – August 8, 2017 –<\/strong> <\/p>\n

Overview of Consolidated Results for Q1 2017-18 v\/s Q1 2016-17<\/p>\n

                                                                                                                                                                                               (Rs in Mn)<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Particulars<\/strong><\/p>\n<\/td>\n

\n

Q1 2017-18<\/strong><\/p>\n<\/td>\n

\n

Q1 2016-17<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

Revenue from operations (gross)<\/p>\n<\/td>\n

\n

4,402<\/p>\n<\/td>\n

\n

4,715<\/p>\n<\/td>\n<\/tr>\n

\n

Less : excise duty<\/p>\n<\/td>\n

\n

329<\/p>\n<\/td>\n

\n

518<\/p>\n<\/td>\n<\/tr>\n

\n

Revenue from operations (net)<\/strong><\/p>\n<\/td>\n

\n

4,073<\/strong><\/p>\n<\/td>\n

\n

4,197<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

 <\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

EBDITA<\/p>\n<\/td>\n

\n

507<\/p>\n<\/td>\n

\n

547<\/p>\n<\/td>\n<\/tr>\n

\n

EBDITA (in %)<\/p>\n<\/td>\n

\n

12.45%<\/p>\n<\/td>\n

\n

13.03%<\/p>\n<\/td>\n<\/tr>\n

\n

PBT<\/p>\n<\/td>\n

\n

322<\/p>\n<\/td>\n

\n

352<\/p>\n<\/td>\n<\/tr>\n

\n

PAT (Before OCI)<\/p>\n<\/td>\n

\n

248<\/p>\n<\/td>\n

\n

266<\/p>\n<\/td>\n<\/tr>\n

\n

Cash Profit<\/p>\n<\/td>\n

\n

385<\/p>\n<\/td>\n

\n

384<\/p>\n<\/td>\n<\/tr>\n

\n

Basic \/ Diluted EPS (In Rs.)<\/p>\n<\/td>\n

\n

2.07<\/p>\n<\/td>\n

\n

2.22<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Overview of Standalone Results for Q1 2017-18 v\/s Q1 2016-17<\/strong><\/p>\n

                                                                                                                                                                        (Rs in Mn)<\/strong><\/p>\n

 Particulars<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
 <\/td>\n\n

Q1 2017-18<\/strong><\/p>\n<\/td>\n

\n

Q1 2016-17<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

Revenue from operations (gross)<\/p>\n<\/td>\n

\n

3,227<\/p>\n<\/td>\n

\n

3,534<\/p>\n<\/td>\n<\/tr>\n

\n

Less : excise duty<\/p>\n<\/td>\n

\n

227<\/p>\n<\/td>\n

\n

367<\/p>\n<\/td>\n<\/tr>\n

\n

Revenue from operations (net)<\/strong><\/p>\n<\/td>\n

\n

3,000<\/strong><\/p>\n<\/td>\n

\n

3,167<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

 <\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

EBDITA<\/p>\n<\/td>\n

\n

413<\/p>\n<\/td>\n

\n

415<\/p>\n<\/td>\n<\/tr>\n

\n

EBDITA (in %)<\/p>\n<\/td>\n

\n

13.77%<\/p>\n<\/td>\n

\n

13.10%<\/p>\n<\/td>\n<\/tr>\n

\n

PBT<\/p>\n<\/td>\n

\n

261<\/p>\n<\/td>\n

\n

248<\/p>\n<\/td>\n<\/tr>\n

\n

PAT ( Before OCI)<\/p>\n<\/td>\n

\n

173<\/p>\n<\/td>\n

\n

163<\/p>\n<\/td>\n<\/tr>\n

\n

Cash Profit<\/p>\n<\/td>\n

\n

284<\/p>\n<\/td>\n

\n

261<\/p>\n<\/td>\n<\/tr>\n

\n

Basic \/ Diluted EPS (In Rs.)<\/p>\n<\/td>\n

\n

1.44<\/p>\n<\/td>\n

\n

1.36<\/p>\n<\/td>\n<\/tr>\n

\n

Installed Capacity p.a. ( In M.T.)<\/p>\n<\/td>\n

\n

1,37,708<\/p>\n<\/td>\n

\n

1,27,762<\/p>\n<\/td>\n<\/tr>\n

\n

Sales (in M.T.)<\/p>\n<\/td>\n

\n

19,539<\/p>\n<\/td>\n

\n

19,355<\/p>\n<\/td>\n<\/tr>\n

\n

Production (in M.T.)<\/p>\n<\/td>\n

\n

24,076<\/p>\n<\/td>\n

\n

19,816<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Key Highlights of Adhesives Business :<\/strong><\/p>\n

                                                                                                                                                                                            (Rs in Mn)<\/strong><\/p>\n\n\n\n\n\n\n\n
\n

PARTICULARS<\/strong><\/p>\n<\/td>\n

\n

Q1 2017-18<\/strong><\/p>\n<\/td>\n

\n

Q1 2016-17<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

RESINOVA<\/strong><\/p>\n<\/td>\n

\n

SEAL IT<\/strong><\/p>\n<\/td>\n

\n

TOTAL<\/strong><\/p>\n<\/td>\n

\n

RESINOVA<\/strong><\/p>\n<\/td>\n

\n

SEAL IT<\/strong><\/p>\n<\/td>\n

\n

TOTAL<\/strong><\/p>\n<\/td>\n<\/tr>\n

\n

 SALES (net)<\/p>\n<\/td>\n

\n

     786<\/p>\n<\/td>\n

\n

  363<\/p>\n<\/td>\n

\n

1,149<\/p>\n<\/td>\n

\n

   721<\/p>\n<\/td>\n

\n

   382<\/p>\n<\/td>\n

\n

1,103<\/p>\n<\/td>\n<\/tr>\n

\n

 EBDITA<\/p>\n<\/td>\n

\n

88<\/p>\n<\/td>\n

\n

21<\/p>\n<\/td>\n

\n

109<\/p>\n<\/td>\n

\n

103<\/p>\n<\/td>\n

\n

    34<\/p>\n<\/td>\n

\n

137<\/p>\n<\/td>\n<\/tr>\n

\n

 EBDITA %<\/p>\n<\/td>\n

\n

11.20%<\/p>\n<\/td>\n

\n

5.79%<\/p>\n<\/td>\n

\n

9.49%<\/p>\n<\/td>\n

\n

14.29%<\/p>\n<\/td>\n

\n

8.90%<\/p>\n<\/td>\n

\n

12.42%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Astral Pipes Limited – a JV at Kenya, where the company has 37.5% stake, has recorded sales revenue of Rs. 94.79 Mn for the Quarter ended March 31, 2017.<\/p>\n

 <\/p>\n

During the quarter Resinova Chemie Limited, a subsidiary company has successfully implemented SAP.<\/p>\n

 <\/p>\n

The company has successfully installed 66KVA line at its Santej plant, which will help company for uninterrupted power supply and will reduce wastage percentage and reduction in power cost.<\/p>\n

 <\/p>\n

To view the results, please click on the link given below:<\/p>\n

http:\/\/www.astralpipes.com\/investorrelation.aspx<\/a><\/p>\n

Media Contact Details<\/p>\n

Mr. Hiranand Savlani<\/p>\n

Chief Financial Officer<\/p>\n

079-66212000<\/p>\n

hiranand@astralcpvc.com<\/p>\n

Media Contact<\/span>
Company Name:<\/strong> Astral Poly Technik Limited
Contact Person:<\/strong> Mr. Hiranand Savlani – CFO
Email:<\/strong> co@astralpipes.com, hiranand@astralcpvc.com
Phone:<\/strong> +91-079-66212000
Address:<\/strong>207\/1, Astral House, B\/h. Rajpath Club, Off. S. G. Highway
City:<\/strong> Ahmedabad
State:<\/strong> Gujarat
Country:<\/strong> India
Website:<\/strong> www.astralpipes.com<\/a><\/p>\n

<\/object><\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Astral Poly Technik Limited, pioneer in manufacturing of CPVC pipes & fittings announced the financial results for the Quarter ended on June 30, 2017. Ahmedabad, Gujarat – August 8, 2017 – Overview of Consolidated Results for Q1 2017-18 v\/s Q1 … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401],"tags":[],"class_list":["post-133637","post","type-post","status-publish","format-standard","hentry","category-Business"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/133637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=133637"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/133637\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=133637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=133637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=133637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}